Using Your Pension To Buy Business Premises

by | Dec 3, 2020 | Case Studies

Mr Smith owns business premises used by his company and would like to purchase them using his pension. The premises are valued at £250,000. He has a Self Invested Personal Pension with a fund of £500,000. Mr Smith’s Pension can borrow up to 50% of its net assets less...

Pension Tax Relief Case Studies

by | Dec 3, 2020 | Case Studies

Simon earns £60,000 and pays £400 per month into his personal pension. Simon is a Higher Rate Taxpayer and will make a net personal contribution of £240 per month.  This is because he will make his payments net of Basic Rate Tax (20%). He is also entitled to...